Global Laser Distance Meter Market 2021-2025

Global Laser Distance Meter Market 2021-2025

Technavio has been monitoring the laser distance meter market and it is poised to grow by $ 140.53 mn during 2021-2025 progressing at a CAGR of 2% during the forecast period. Our report on laser distance meter market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growth of flooring industry and increasing adoption of floor planning applications. In addition, growth of flooring industry is anticipated to boost the growth of the market as well.

The laser distance meter market analysis includes end-user segment and geographical landscapes.

Technavio's laser distance meter market is segmented as below:

• By End-user
• Architects
• Engineers
• Construction employees
• Interior designers
• By Geography
• North America
• Europe
• APAC
• South America
• MEA

This study identifies the high growth of construction industry as one of the prime reasons driving the laser distance meter market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on laser distance meter market covers the following areas:

• Laser distance meter market sizing
• Laser distance meter market forecast
• Laser distance meter market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading laser distance meter market vendors that include FLIR Systems Inc., Fortive Corp., Hexagon AB, Hilti Corp., Laurel At Sunset Inc., Makita Corp., Robert Bosch GmbH, Ryobi Ltd., Stanley Black & Decker Inc., and Trimble Inc.. Also, the laser distance meter market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.